Good Evening, I’m running short of time tonight so I’ll get right to the point. The market came in mixed with the Dow showing a gain on the day and the S&P 500 and Nasdaq finishing in the red. It was a day when a glance at the major indices would be misleading due to the fact that the major indices were propped up by the financial sector and a few stodgy large cap stocks. Overall breath was not good with declining issues outnumbered advancing ones on the NYSE by a 2.05-to-1 ratio; on the Nasdaq, a 1.55-to-1 ratio favored decliners. For the most part though, traders were apprehensive to make trades ahead of the Fed meeting which concludes on Wednesday. A little good news from Jerome Powell along with some good earnings could pick things back up. We will see…..

The days trading left us with the following signals: Our TSP allotment dropped -0.49%. For comparison the Dow gained +0.18%, the Nasdaq lost -0.26%, and the S&P 500 slipped -0.10%.

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/S. Our allocation is now +8.24% on the year not including the days results. Here are the latest posted results:

God bless, Scott 

 

 ***Just a reminder that you can review the performance of our allocation at the Web Site TSPTALK.com in the autotracker section under the screen name KyFan1.

 

 

I produce and publish this blog as both a ministry and for the benefit of any Federal Government Employee. This is done to offer you some guidance as to how to approach your retirement more financially successful. When it is time for you to retire, I recommend you utilize the services of a Professional Money Manager, who works with a reputable investment firm. He understands the guidance you have already received and he can manage your savings assets utilizing a more advanced investment program into the future. 

 

If you would like to receive more information about this introduction, please feel free to contact me at  KyFan1@aol.com.